NOT LISTED FOR SALE

17260 Oleander Ln Sugarloaf Key, FL 33042

Estimated Value: $1,663,396 - $2,261,000

3 Beds
2 Baths
1,866 Sq Ft
$1,010/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $1,300,000 $697 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $10,863/month

157 Days on Market

Highlights

  • Airstrip
  • Sandy Beach
  • RV Parking in Community
  • Boat Lift
  • RV or Boat Parking
  • Home fronts a canal

About This Home

As of March 2020

Mermaid's Lair, a gorgeous 1/2 acre + waterfront property located in the exclusive neighborhood of Sugarloaf Shores. Arrive through electronic gates to the large CBS home which boasts a winding salt water lagoon that wraps around the property. The 3 BR 2 BA home has been superbly renovated with luxurious appointments & superb craftsmanship which will tantalize your senses. Enter in to the colossal Great Room which features soaring wood ceilings, porcelain ''wood'' plank flooring and an adjoining wrap-around screened Porch which extends the main Living Area by over 670 sq. ft. allowing picture-perfect sunrise to sunset water views. The designer Kitchen offers custom glass cabinetry, custom designed imported mosaics, stainless appliances, and gorgeous granite counters with center island

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 09/09/2019

Co-Listed By

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Last Buyer's Agent

Leigh Roach

Truman & Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,233

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 0.58 Acre Lot
  • Home fronts a canal
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,866 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Boat Lift
  • Screened Balcony
  • Deck
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00166360-000000

Community Details

Overview

  • No Home Owners Association
  • Sugarloaf Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,233

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 3
  • Fee Includes: None
  • Key Island: Sugarloaf Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 17.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6233.21
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, RV Parking Open, Guest Parking, Covered Parking
  • Year Built: 1989
  • Alternate Key Number: 1211834
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 25365.00
  • Porch Balcony: Deck, Screened P/B, Open Porch/Balcony
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1866.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Window Treatments, Storage, Other, Pantry, Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Lanai, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View

Utilities

  • Utilities: FKAA, Whole House Generatr, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00166360-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.58

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Mar 20, 2020
Sold by
Forian Lisa A
Bought by
Dean Patrick J and Dean Sabrina M
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Leigh Roach
Truman & Co. (KW)
List Price
$1,340,000
Sold Price
$1,300,000
Premium/Discount to List
-$40,000
-2.99%
Current Estimated Value
$1,884,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,849
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,040,000
Outstanding Balance
$919,312
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$965,537

Purchase Details

Closed on
Feb 6, 2014
Sold by
Gq Holdings 1329 Llc
Bought by
Forian Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2013
Sold by
Perez Anayansi B
Bought by
Gq Holdings 1329 Llc

Purchase Details

Closed on
Jun 24, 2013
Sold by
Perez Anayansi B
Bought by
Gq Holdings 1329 Llc

Purchase Details

Closed on
Dec 8, 2006
Sold by
Koning Ignatius
Bought by
Perez Anayansi B

Purchase Details

Closed on
Oct 24, 1994
Sold by
Danburg Stanley and Danburg Rene L
Bought by
Koning Ignatius J

Purchase Details

Closed on
Oct 1, 1994
Bought by
Forian Lisa A

Purchase Details

Closed on
Nov 1, 1991
Bought by
Forian Lisa A

Purchase Details

Closed on
Dec 1, 1987
Bought by
Forian Lisa A

Purchase Details

Closed on
Feb 1, 1975
Bought by
Forian Lisa A
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dean Patrick J $1,300,000 Attorney
Forian Lisa A $690,000 Ras Title Llc
Gq Holdings 1329 Llc -- Attorney
Gq Holdings 1329 Llc -- Attorney
Perez Anayansi B $1,940,000 National Title Services Inc
Koning Ignatius J $369,500 --
Forian Lisa A $369,500 --
Forian Lisa A $326,000 --
Forian Lisa A $53,000 --
Forian Lisa A $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Patrick J $1,040,000
Previous Owner Forian Lisa A $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $1,300,000 -3.0% $697 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $1,340,000 -- $718 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,723 $1,375,952 $819,987 $555,965
2023 $11,723 $1,318,231 $781,749 $536,482
2022 $10,658 $1,168,228 $624,550 $543,678
2021 $10,392 $1,060,063 $565,069 $494,994
2020 $8,630 $977,044 $537,453 $439,591
2019 $7,370 $718,967 $361,134 $357,833
2018 $6,938 $653,378 $353,912 $299,466
2017 $7,570 $732,913 $0 $0
2016 $7,105 $657,039 $0 $0
2015 $7,012 $623,156 $0 $0
2014 $6,347 $533,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587256

Florida Keys Board of REALTORS®

APN: 00166360-000000